Costco and the Teamsters union have tentatively agreed to new contract terms, avoiding a potential strike of 18,000 workers. The agreement will be voted on by union members, following an overwhelming 85% support for a strike due to discontent over wages and working conditions. Matters such as wages, pensions, and union rights protections were key bargaining points. The Teamsters emphasized their commitment to securing fair terms, with readiness to take further action if necessary.
"The Costco Teamsters National Negotiating Committee has reached a tentative agreement for a new contract. Additional details will be shared soon." - Teamsters.
"The Teamsters are committed to securing a fair and reasonable agreement but are prepared to take action if the wholesale giant fails to deliver." - Matt McQuaid.
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